$NEIRO Pattern Forming ALERT ๐Ÿšจ๐Ÿ‘€๐Ÿ‘€ Analysis Next Move As we see there $NEIRO form descending triangle pattern in 4 hour timeframe

What is Descending triangle pattern ??

Descending triangle pattern had both chances breakout๐Ÿš€ or breakdown ๐Ÿฉธ Majorly it gives breakdown the pattern an price go downward but sometimes it gives breakout and price go up โœˆ๏ธ๐Ÿš€

Recently price gets support on pattern surface which is very strong support area of 0.001620 it hits again and again as you seen in pic.

Bullish โœˆ๏ธ Scenario ๐Ÿš€..

If the price breakout the pattern with candle closing you see pump๐Ÿš€๐Ÿš€ in price I will share the targets if breakouts happend is

T1 0.002000

T2 0.002145

T3 0.002315

Bearish Scenario ๐Ÿ›‘..

If the price gives breakdown the support area of pattern with candle closing then you see further dump to its previous low area around 0.001250 to 0.001450 Area

So keep eye ๐Ÿ‘€ on breakout and breakdown the pattern

If you get any kind of help for these analysis then like it I'm doing it for you โค๏ธ๐Ÿ™